Deutsche Bank’s global transaction banking (GTB) has appointed Kaushik Shaparia as managing director, regional head of trade finance and cash management corporates, Asia Pacific.

Shaparia brings more than 25 years of cash and trade finance experience in Asia to this role, most recently heading Deutsche Bank’s GTB operations in India.

Marilyn Spearing, Deutsche Bank’s global head of trade finance and cash management corporates, comments: “The appointment of Kaushik is key to the continued growth strategy for Deutsche Bank’s trade finance and corporate cash management business in Asia.

“Kaushik’s extensive background in transaction banking will allow him to further extend Deutsche Bank’s leading solutions for working capital management and trade and transaction processing to our customer base in Asia.”

Based in Singapore, Kaushik Shaparia will report to Spearing in London.